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SHDGvsSPDETF Comparison
Soundwatch Hedged Equity ETF - USD (SHDG) and Simplify US Equity PLUS Downside Convexity ETF (SPD) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Financials. SHDG is more expensive with a Total Expense Ratio (TER) of 0.63%, versus 0.53% for SPD. SHDG is down -2.16% year-to-date (YTD) with -$2M in YTD flows. SPD performs worse with -4.72% YTD performance, and -$8M in YTD flows. Run a side-by-side ETF comparison of SHDG and SPD below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
SHDG vs SPD performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SHDG SPD | -2.38%-3.36% | -1.78%-4.48% | -2.16%-4.72% | +13.48%+21.83% | +52.78%+60.13% | n/a+41.67% |
| Flows | SHDG SPD | -$812K-$7M | -$2M-$863K | -$2M-$8M | -$3M-$8M | +$13M-$129M | -+$42M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SHDG SPD | +9.02%+11.99% | +12.63%+23.61% | +10.86%+16.79% | n/a+16.09% |
| Max drawdown | SHDG SPD | -3.75%-6.46% | -10.54%-8.26% | -15.48%-14.87% | n/a-26.93% |
| Max drawdown duration | SHDG SPD | 39d78d | 45d136d | 153d98d | n/a897d |
SHDG | SPD | |
Last sale 3/16/2026 at 1:30 PM | $31.77 | $37.50 |
| Previous close 03/13/2026 | $31.59 | $37.32 |
| Consolidated volume 03/13/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
SHDG | SPD | |
|---|---|---|
| Last price | $31.77 | $37.50 |
| 1D performance | +0.56% | +0.48% |
| AuM | $160.99 M | $103.73 M |
| E/R | 0.63% | 0.53% |
SHDG | SPD | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Soundwatch Capital | Simplify |
| Benchmark | - | - |
| N° of holdings | 479 | 479 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 24, 2022 | September 3, 2020 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the SHDG and SPD ETFs performed in 2026?
As of March 13, 2026, SHDG is down -2.16% year-to-date (YTD), while SPD has lost -4.72%. That puts SHDG better performer ahead so far this year.
Which ETF is attracting more investor money: SHDG or SPD?
Year-to-date, the SHDG ETF saw -$2M in flows, compared to -$8M for SPD.
Which ETF is more volatile: SHDG or SPD?
Over the past year, SHDG had a volatility of 12.63%, while SPD experienced 23.61%.
Which ETF is bigger: SHDG or SPD?
As of March 13, 2026, SHDG holds $160.99 M in assets under management (AUM), while SPD manages $103.73 M.
What sectors do the SHDG and SPD ETFs invest in?
SHDG leans toward sectors like Information Technology, Communication Services and Financials. Meanwhile, SPD focuses on Information Technology, Communication Services and Financials.
What are the top holdings of the SHDG ETF and SPD ETF?
SHDG top holdings include NVIDIA, APPLE and MICROSOFT-T. SPD holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: SHDG or SPD?
SHDG holds 504 securities with 43.09% of its assets in the top 15. SPD has 504 securities and a top 15 weight of 43.67%.
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